American Pacific Mortgage · Washington · 2025

American Pacific Mortgage in Washington: approval rate, denial rate and rates (2025)

American Pacific Mortgage took 2,480 mortgage applications in Washington in 2025, ranking #28 of 822 lenders active in the state. It originated 77.1% of them and denied 5.9% (7.0% of the applications it decided), against a statewide denial rate of 15.7%.

2.5kApplicationsin WA
7.0%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$425,000Median loanstate $335,000
$893MVolume39 counties

American Pacific Mortgage in Washington vs the state

5.9%Denial rate-9.80 pts vs state
7.0%Decision denial rate-12.50 pts vs state
77.1%Origination rate+16.00 pts vs state
6.63%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.21 pts vs state
$127kMedian applicant income
1,911Loans originated
145Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,9932,2835.8%6.75%#17
20242,6632,0446.1%6.75%#26
20252,4801,9115.9%6.63%#28

What American Pacific Mortgage lends in Washington

By loan purpose

Home purchase 1,967 79% · 4.2% denied
Refinance 243 10% · 7.0% denied
Cash-out refinance 270 11% · 16.7% denied

By loan type

Conventional 1,664 67% · 5.4% denied
FHA 628 25% · 7.6% denied
VA 184 7% · 3.3% denied
USDA / RHS 4 0% · 25.0% denied

Why it denied Washington applicants

Debt-to-income ratio 46 32%
Incomplete application 30 21%
Collateral 24 17%
Credit history 16 11%
Unverifiable information 13 9%
Other 11 8%
Insufficient cash 5 3%

Where in Washington

Counties with the most American Pacific Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Snohomish County 43334426 6.0%
King County 41532327 6.5%
Spokane County 28823311 3.8%
Clark County 2661979 3.4%
Yakima County 22817517 7.5%
Pierce County 19114513 6.8%
Benton County 94724 4.3%
Whatcom County 77643 3.9%
Skagit County 52381 1.9%
Cowlitz County 45329 20.0%

Other large lenders in Washington

LenderGradeApplicationsDenial rateMedian rate
Boeing Employees Credit UnionB 21,59923.8%6.13%
Rocket MortgageC 14,30115.9%6.63%
United Shore Financial ServicesB 13,77010.0%6.13%
Guild MortgageA 8,0563.4%6.63%
CMG MortgageA 7,8173.1%6.63%
Movement MortgageA 7,4723.6%6.63%
Bank of AmericaF 6,98627.0%5.99%
Crosscountry MortgageB 6,9033.1%6.63%
U.S. BankD 6,56827.6%6.63%
NewrezD 5,84912.9%6.63%

Frequently asked questions

Washington: 2,480 applications in 2025, of which 1,911 were originated and 145 denied.

5.9% of all applications, or 7.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans American Pacific Mortgage originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are American Pacific Mortgage's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology